If you earn income from self-employment or property, you need to prepare for Making Tax Digital (MTD) for Income Tax. This new system will become a legal requirement in stages starting from April 2026, depending on your turnover. Understanding what MTD means for you and how to get ready will help you avoid penalties and make tax reporting easier.

HMRC has issued a reminder that some estates may need to be reviewed following changes to the inheritance tax rules for excepted estates.

If your director’s loan account is in the red, it means you owe money back to your company. For construction business owners, this can happen easily when personal drawings, fuel, bills or other costs are paid from the company bank account without being treated as wages or dividends.

If you are an owner-manager and want to give £5,000 to a local charity, you may be wondering whether to donate personally or through your limited company. Many directors have used Gift Aid for smaller personal donations. However, when the donation is larger, a company donation to charity may sometimes be more tax-efficient. The right answer depends on: Your personal tax rate How you take money from your company Whether your company has taxable profits Whether National Insuran

Unlock significant tax savings with Capital Allowances. Learn how construction businesses can claim relief on equipment before full payment. Discover Capital Allowances strategies today!

HMRC's mileage allowance rate increases to 55p for the first time since 2011. Learn how the new mileage allowance affects your construction business from 6 April 2026.